AUD-JPY Wait For Breakout! Buy!
Hello,Traders!
AUD-JPY is trading below a key horizontal level
But the price action is somewhat bullish
So I suggest we wait for the bullish breakout
And IF it happens, we can go long on pullback
Buy!
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Aussie
Joe Gun2Head Trade - Selling a retest of the neckline on AUDJPYTrade Idea: Head and shoulders on AUDJPY
Reasoning: Selling into the strength this morning.
Entry Level: 90.79
Take Profit Level: 87.38
Stop Loss: 92.00
Risk/Reward: 2.81:1
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AUD-NZD Wait For Breakout! Sell!
Hello,Traders!
AUD-NZD is trading above a key horizontal level
But the recent price action is bearish
So I will be waiting for the bearish breakout
And IF it happens, I will go short on the pair
With the target being nearby
Sell!
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GBP-AUD Short Again! Sell!
Hello,Traders!
GBP-AUD is still stuck in a kind of a range
Below a strong horizontal resistance
And as the pair is going up again
To retest the said resistance
I think that a local short trade
Is appropriate to take with low risk
Sell!
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AUD-USD Will Fall! Sell!
Hello,Traders!
AUD-USD is retesting a resistance cluster
Which makes me bearish biased on the pair
And as we are already seeing some bearish price action
I think that the next move will be downwards
To retest the target level below
Sell!
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Next downside leg visualised on AUD/USD...After some recent success on this pair its time to have a look at the next forecast. 0.7100 seems to be an ideal region for the pair to pull back up to before taking another plummet lower.
The long term monthly downside target still remains at 0.6700 but we can see more manipulation coming around these daily moving averages. Lets see if we can get a further pullback before going short.
Still lots more of volatile US action in terms of fundamentals coming this week so make sure to trade safe.
AUD-JPY Will Keep Falling! Sell!
Hello,Traders!
AUD-JPY went down after the breakout
Just as I predicted in my previous forecast
Now we are seeing a bullish rebound
Aiming to retest the broken level
After that I believe we will see
Bearish continuation and a retest
Of the recent breakout lows
Sell!
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GBP/AUD looking for movements back into 1.7500...1.7500 is the next immediate downside target for GBP/AUD. The fundamentals heading into next week are looking bleak for the pound and continued weakness across the board is to be expected from the worse than expected GDP growth rate.
Further downside could be expected past this target looking beyond next week. Lets see how strong this bearish closure will be for this week.
GBP-AUD Potential Short! Sell!
Hello,Traders!
GBP-AUD is retesting the horizontal resistance again
And while the breakout chances are high
It is still reasonable to expect a local pullback
And a move down towards the target below
Sell!
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AUDCHF 'Long' Trade IdeaA 'buy' trade opportunity presented itself on the AUDCHF trading chart, following the bullish pin bar at the end of a bearish run. The pin bar closed above the 0.68214 daily horizontal support level, signalling a rejection of the same level and providing a buying opportunity.
An RR of 7.38 is possible if you enter the trade at the 0.68452 price level, with your stop at 0.68162 (about 29.0 pips) and target at 0.70592 (about 214.0 pips).
Please check with your setup before placing any trade.
Happy trading!
AUDNZD: A Buy Setup Targeting the Previous HighLast week, AUDNZD has reached a new high at the 1.1100 level. The trend of AUDNZD is persistent; when the price has reached a new high, that means the trend will not easily reverse for a period of time. Therefore, we are looking for buy entries to capture any retracement from the previous high.
The price has retraced to 1.0980 level,which is the previous resistance level from where the price broke up. From the 1.0980 level, we can see that the price has formed a double bottom pattern, followed by the price breaking the neckline area. Then, we can see that the price further broke the descending trend line. Therefore, a strong bullish momentum has taken place at this level. We are waiting for the price to retrace to the neckline area. From there, we will enter buy positions and target the recent high of 1.1100 level
✅AUD_CHF WILL GO UP|LONG🚀
✅AUD_CHF will be retesting a support level soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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GBP-AUD Short From Resistance! Sell!
Hello,Traders!
GBP-AUD went up despite our expectations
Yet the pair has now reached another horizontal resistance
And as the pair is oversold I think that we will see a bearish correction
From the level towards the target below
Sell!
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